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Technology Stocks : Block, Inc. (formerly Square)

SQ 71.67

+2.8%

3:59 PM EDT

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From: Sr K	8/1/2021 6:10:39 PM
	1 Recommendation Recommended By Zen Dollar Round of 66

SQ acquiring Afterpay, for $29B wsj.com Article not out yet More later Square Agrees to Acquire Afterpay for $29 Billion in All-Stock Deal Australian installment-payment company positions its service as a cheaper, more responsible alternative to a credit card Square said it expects its acquisition of Afterpay to close in the first quarter of 2022.PHOTO: DAVID PAUL MORRIS/BLOOMBERG NEWS By David Winning Aug. 1, 2021 6:03 pm ET Square Inc. SQ -3.14% has agreed to an all-stock deal worth around $29 billion to acquire Australia’s Afterpay Ltd. APT -5.28% , an installment-payment company that positions its service as a cheaper and more responsible alternative to a credit card. Write to David Winning at david.winning@wsj.com

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